{"id":125811,"date":"2022-04-14T06:01:57","date_gmt":"2022-04-13T23:01:57","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cost-of-renting-jumps-at-record-adding-more-pressure-to-cost-of-living-crisis\/"},"modified":"2022-04-14T06:08:28","modified_gmt":"2022-04-13T23:08:28","slug":"cost-of-renting-jumps-at-record-adding-more-pressure-to-cost-of-living-crisis","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cost-of-renting-jumps-at-record-adding-more-pressure-to-cost-of-living-crisis\/","title":{"rendered":"Cost of renting jumps at record, adding more pressure to cost of living crisis"},"content":{"rendered":"<p>&#013;<br \/>\nSwansea and Manchester up more than 19%, with average rise outside London in double digits for first timePrivate rents in Britain are rising at a record rate, research has found, jumping 14% in a year in London and by more than 19% in hotspots such as Manchester, piling yet more pressure on already strained household budgets.The average advertised rent outside London is 10.8% higher than a year ago as tenants grappled with \u201cthe most competitive rental market ever recorded\u201d, said the property website Rightmove. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2022\/apr\/14\/private-rents-britain-rose-record-rate-past-year-swansea-manchester-london\" target=\"_blank\" rel=\"noopener\">Cost of renting jumps at record, adding more pressure to cost of living crisis<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Swansea and Manchester up more than 19%, with average rise outside London in double digits&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-125811","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wJd","jetpack-related-posts":[{"id":127741,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/private-rents-in-uk-reach-record-highs-with-20-rises-in-manchester\/","url_meta":{"origin":125811,"position":0},"title":"Private rents in UK reach record highs, with 20% rises in Manchester","date":"July 14, 2022","format":false,"excerpt":"\r Prices adding to cost of living crisis blamed on demand exceeding supply and rising interest ratesAverage private rents in Britain have hit record highs, jumping by more than 20% in some areas such as Manchester, new data shows.The average advertised rent outside London is 11.8% higher than a year\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124606,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fastest-rent-rise-in-five-years-adds-to-concerns-over-uk-cost-of-living-crisis\/","url_meta":{"origin":125811,"position":1},"title":"Fastest rent rise in five years adds to concerns over UK cost of living crisis","date":"February 16, 2022","format":false,"excerpt":"\r ONS data shows cost of renting rose by 2% in 2021, while average house price hit record high of \u00a3275,000Private rents in the UK are rising at the fastest rate in five years, ratcheting up the cost of living burden on millions of households.The average cost of renting for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16316,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cost-of-renting-one-bed-property-soars-in-uk\/","url_meta":{"origin":125811,"position":2},"title":"Cost of renting one-bed property soars in UK","date":"June 13, 2016","format":false,"excerpt":"\r Workers under 30 pay almost half of monthly wages in rent, while those in London pay even more, says CountrywideThe cost of renting a one-bedroom property in the UK has risen to swallow almost half of the average young worker\u2019s take-home pay, according to figures, while those living in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131888,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/they-could-just-evict-us-the-tenants-hit-by-huge-hikes-in-uk-rents\/","url_meta":{"origin":125811,"position":3},"title":"\u2018They could just evict us\u2019: the tenants hit by huge hikes in UK rents","date":"December 2, 2022","format":false,"excerpt":"\r From Manchester to London, three people tell of stress, fear and eviction as cost of private renting rockets\u2022 Soaring rents making life \u2018unaffordable\u2019 for private UK tenants\u00a38,000 a year; \u00a3300 a month; 60%. These are just some of the rent rises demanded from private tenants as winter approaches. The\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73047,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-overtakes-london-as-the-worlds-most-expensive-urban-centre-for-renting-an-office\/","url_meta":{"origin":125811,"position":4},"title":"Hong Kong overtakes London as the world\u2019s most expensive urban centre for renting an office","date":"November 28, 2017","format":false,"excerpt":"\r It\u2019s official: Hong Kong, the world\u2019s most expensive city to live in, is also the planet\u2019s most expensive urban centre for renting an office. Hong Kong\u2019s office space rent, measured by workstation, surpassed London for the first time since 2013, as Britain\u2019s decision to withdraw from the European Union\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138543,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/it-makes-sense-the-uk-homeowners-renting-out-rooms-in-exchange-for-babysitting-cleaning-or-dog-walking\/","url_meta":{"origin":125811,"position":5},"title":"\u2018It makes sense\u2019: the UK homeowners renting out rooms in exchange for babysitting, cleaning or dog-walking","date":"July 29, 2023","format":false,"excerpt":"\r Amid the cost of living crisis, affordable or even free lodgings are being offered in exchange for help around the houseWhen Tom\u2019s* ex-wife and the mother of his then seven-year-old moved to France, he needed help with babysitting. The family once had an au pair but Tom wanted something\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/125811"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=125811"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/125811\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=125811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=125811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=125811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}